Whale Cashes Out on PEPE, FLOKI, and WLD with $200,000 Profit

• Whale liquidates PEPE, FLOKI, and WLD, securing $200,000 profit amid market recovery.
• PEPE aims for a bullish breakout above $0.00000834 with RSI at 57.32 supporting growth.
• FLOKI breaks out of bullish pennant, targeting $0.0001450 while WLD eyes $2.663 resistance level.

A major cryptocurrency holder recently sold all their PEPE, FLOKI, and WLD tokens, making a $200,000 profit. The whale, who had $3.2 million worth of these altcoins, sold them in the last few hours during market changes. This move happened after a big price jump, mainly caused by the Federal Reserve’s interest rate cut announcement.

The whale’s investment in PEPE at $0.00000741 led to a $110,000 profit, while FLOKI, bought at $0.0001194, brought in $45,000. Additionally, WLD, purchased at $1.43, resulted in a $44,000 gain. Even though the whale had some losses earlier, they sold at a good time, taking advantage of the market recovery and the positive effects from larger economic factors.

PEPE, FLOKI, and WLD Technical Analysis

PEPE/USDT Analysis

The 1 day chart shows PEPE PEPE at a crucial point. The price is trying to break out of a descending triangle, with the immediate resistance at $0.00000834. If this level is passed, the next target could be around $0.00000900. The RSI suggests further bullish potential, and staying above the 9-period EMA would confirm the strength of the breakout. However, if it can’t stay above the EMA, it could retest support near $0.00000759.

The Relative Strength Index (RSI) is at 57.32, showing that the market is neither overbought nor oversold. This leaves room for more price movement. The EMA (Exponential Moving Average) convergence around the current price levels adds to the bullish sentiment.

Read also : Pepe Coin ($PEPE) Bullish Breakout Brewing? Chart Hints at Strong Rally

FLOKI/USDT Analysis

The FLOKI’s chart clearly shows its bullish pennant formation, which has been consolidating for several weeks. This technical pattern often means a continuation of a previous strong rally, with the price now breaking out of the pennant. The breakout suggests a possible rally that could reach 255%, as predicted by the Fibonacci extensions and price movements.

FLOKI is currently aiming for the $0.0001450 resistance level after breaking out from its pennant, which lines up with a sharp rise in buying volume. The RSI is at 56.60, just below overbought levels, hinting that further price appreciation could be coming. A clean breakout from this formation supports the potential for another sharp bullish wave, similar to FLOKI’s previous price surges. This technical setup likely played a part in the whale’s decision to take profits during this breakout.

Read also : Whale Activity Surges Post-Fed Rate Cut: Bitcoin, Stablecoins, Altcoins Surge

WLD/USDT Analysis

The WLD chart shows a descending wedge pattern, which is usually a bullish reversal signal. The whale’s purchase of WLD at $1.43 happened as the price bounced off this support level. The coin has since rebounded to $1.59, with technical indicators pointing towards a potential breakout. Key resistance levels for WLD are at $2.081 and $2.663, as indicated by Fibonacci retracement levels on the chart.

Backing this up is the chart showing aggregated CVD (Cumulative Volume Delta) futures and spot data. The declining CVD Futures curve suggests that short positions may be weakening, while open interest remains steady at 38.14 million. This combination implies that bullish momentum could build, especially because liquidation levels remain low, which helps the potential for a breakout.

The RSI at 56.42 further strengthens the bullish case, while MACD indicators suggest that momentum is beginning to turn in favor of buyers. The whale’s decision to cash out here, after a big price recovery and before a potential breakout to $2.663, shows their good sense of market timing.